Lockheed Martin Corporation

Last Updated:
In the Matter of Lockheed Martin Corporation
FTC Matter/File Number:

9610026

Docket Number:

C-3685

Enforcement Type:

Part 2 Consents

Federal Court:
District of Hawaii

Case Summary

Consent order settles allegations that the proposed acquisition of Loral Corporation would reduce competition in the markets for air traffic control systems, commercial low earth orbit satellites, military tactical fighter aircraft, and unmanned aerial vehicles. The order requires the divestiture of a systems engineering and technical services contract with the Federal Aviation Administration and prohibits the sharing of sensitive information concerning competitors' products between the two firms.